will most likely affect countries, such as Norway which have close ties to the European production networks. Based on a CGE … model, developed at the ifo institute, we structurally estimate the potential effects of TTIP for Norway's economy on … offset each other in Norway. A comprehensive agreement between the EU and the US would lead to an increase in Norwegian GDP …

and lowered non-tariff barriers. This has led to trade creation within Europe and to trade diversion between EU countries …) will undo some of these effects by means of preference erosion, so that cross-country trade links within Europe may lose … chains in Europe and substantial income effects could counter this development. In this paper, we provide insights based on a …